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Garfield Street, Sunderland SR4 2 bed terraced house for sale
Garfield Street, Sunderland SR4
£61,000
Garfield Street, Sunderland SR4
£61,000
Our Summary
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
Description
This 2-bedroom mid-terrace house in Sunderland is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a spacious lounge, modern kitchen, and two bedrooms. Currently, it produces an annual gross income of £5,520, which could be increased to £7,668 with a new owner negotiating a market rate with the long-term tenants who are currently situated. The tenants have been paying rent consistently for several years and have no intention of moving out, making for a smooth transition. With a worthwhile addition to an investor's portfolio, this property offers a great chance for those looking to generate rewarding rental returns.